Escape The Rat Race With A Tiny House

By cwaltersSeptember 12, 2008

It’s not just supermarkets that are shrinking—you can also build yourself a 90-square-foot house to shack up in with your hunched-over spouse and children. You’ll save money! You’ll save the environment! Relatives will never expect to be given free room and board when they come to visit!

Tara Flannery, a 25-year-old college student in Seattle, plans to move within the next few months from the Craftsman-style two-story house she shares with roommates into a Tumbleweed house. The decision was largely financial.

“I wanted to buy my own place by 30, and the way the housing market is going that’s not going to happen,” she said, referring to the tightening credit market and the fact that home prices remain high in Seattle, despite the mortgage crisis.

In a way, Ms. Flannery’s tiny house, which will be about 100 square feet with a sleeping loft and will cost roughly $40,000, is a modern twist on the starter homes of the 1950s suburbs; it offers her a way into home ownership, of a sort, without the debilitating costs. “I can spend my money traveling instead,” she said.

Of course, if you live somewhere like New York City or Tokyo then you know this “movement” was already well established decades before, only with apartments, and it does nothing for your finances. We can see it working out as a more cost-efficient, back-to-basics approach elsewhere, though.